Procore Technologies Inc expected to post a loss of 5 cents a share - Earnings Preview

Procore Technologies

31/10/2023 02:24

* Procore Technologies Inc  PCOR.N   PCOR.K  is expected
to show a
rise in quarterly revenue when it reports  results on November
1. 
    * The Carpinteria California-based  company is expected to
report 
a 25.4% increase in revenue to $233.704 million from $186.43
million a year ago, according to the mean estimate from 17
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Procore
Technologies Inc
is for a loss of 5 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 16 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Procore
Technologies Inc is $85​, above​ its last closing price
of $60.79. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  -0.09       -0.09      0.02      Beat    121.3
 Mar. 31 2023  -0.12       -0.12      0.01      Beat    108.1
 Dec. 31 2022  -0.14       -0.14      -0.08     Beat    42.9​
 Sep. 30 2022  -0.17       -0.17      -0.09     Beat    47.7
 ​​Jun.        -0.17       -0.17      -0.19     Missed  -8.9
 30 2022                                                
 Mar. 31 2022  -0.17       -0.17      -0.15     Beat    14.3​
 Dec. 31 2021  -0.15       -0.15      -0.15     Met     0.8
 Sep. 30 2021  -0.07       -0.07      -0.05     Beat    33.3
 This summary was machine generated October 31 at 02:24 GMT.  All
figures in US dollars  unless otherwise stated